The acquisition of Giant Machines will greatly expand Deloitte’s end-to-end digital product strategy and development capabilities
PALAZZO is pleased to announce it has served as exclusive financial advisor to Giant Machines, a leading software engineering and digital solution company based in New York City, on its sale to Deloitte. The Giant Machines business is focused on strategizing, designing and engineering innovative digital products, and will help bolster Deloitte Digital and Deloitte Engineering capabilities to offer clients a robust suite of services to deliver strategic and scaled engineering solutions.
Since its founding in 2015, Giant Machines has specialized in many aspects of product design and development, including market and user research, product strategy, prototyping, engineering and design, and product management. The team has developed large-scale, custom solutions for Fortune 500 companies across a wide array of industries, including climate tech, health care, public utilities and more. Giant Machines is also focused on shaping the future of engineering talent through inclusive and custom learning experiences — which will become part of Deloitte’s existing, award-winning training programs.
“Today’s organizations need to deliver on innovation and technology to keep pace with customer expectations and competitors. The Giant Machines product incubation and solutions services will scale our Deloitte Engineering and Deloitte Digital capabilities to help our clients accelerate product delivery and shape the next generation of innovation,” said Tim Juravich, principal, Deloitte Consulting LLP.
“We built Giant Machines into what it is today with a relentless focus on outcomes and by helping our clients to see a bigger picture,” said Roy Yang, Giant Machines CEO. “It’s that same philosophy that drew us to Deloitte. In joining Deloitte, I believe we can take our vision of creating tech that matters and advance it even further, providing greater opportunities for clients.”